Canada's combined federal and provincial net debt will pass $1.1 trillion at 11 p.m. ET on October 3, according to a recent calculation. But while som...

The federal budget deficit in July rose to $1.6 billion, compared with $0.5 billion in the same month a year earlier, the Finance Department reported ...

TORONTO - Two seemingly contradictory reports evaluating national debt levels tell the same stark truths about the rising severity of the financial st...

Consumer spending will be a crucial part of Canada's economic recovery, economists say, but with Canadians' debt levels already at record highs, that ...

OTTAWA - Bob Rae says the Harper government's dogmatic approach to deficit and tax reduction risks driving Canada into an economic ditch.The Liberal l...

TORONTO - If experience is any indication, many Canadians could find themselves in debt years longer than they originally expected, according to a new...

Canada's federal government is on track to return to budget surpluses a year earlier than previously forecast, Finance Minister Jim Flaherty said Frid...

TORONTO - TD Bank is boosting its stake in Canadian consumer debt with an agreement to buy the Canadian credit card business of Bank of America Corp.,...

Despite renewed global economic unrest, Prime Minister Stephen Harper took a break from his trade mission to Latin America to affirm Ottawa’s promis...

The U.S. is going through a historic debt crisis, but Canada's economy also faces an uncertain future. While the American government raised the debt c...

With debt crises in the United States and Europe threatening to send a still-shaky world economy teetering over the edge, Canada’s finances have rar...

BEIJING, China - China, the largest foreign holder of U.S. debt, demanded Saturday that America tighten its belt and confront its 'debt-addiction' in ...

The popular discontent of the last few months is certainly understandable. What is less understandable is what seems to be a widespread belief among Greeks that the citizens are neither responsible nor have any obligation to bear the consequences for their government's overspending.

If Americans are experiencing feelings of helplessness over the political wrangling that is keeping Washington from raising its debt ceiling in the fa...

CBC -- The price of gold hit a record high Wednesday as investors continued to flock to the precious metal as a perceived safe haven amid global finan...

THE CANADIAN PRESS -- OTTAWA - The TD Bank says Canadians can expect borrowing costs to remain near record lows for the rest of the year. That's be...